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One of the most important problems in modern finance is finding efficient ways to summarize and visualize
the stock market data to give individuals or institutions useful information about the market behavior for
investment decisions Therefore, Investment can be considered as one of the fundamental pillars of national
economy. So, at the present time many investors look to find criterion to compare stocks together and
selecting the best and also investors choose strategies that maximize the earning value of the investment
process. Therefore the enormous amount of valuable data generated by the stock market has attracted
researchers to explore this problem domain using different methodologies. Therefore research in data
mining has gained a high attraction due to the importance of its applications and the increasing generation
information. So, Data mining tools such as association rule, rule induction method and Apriori algorithm
techniques are used to find association between different scripts of stock market, and also much of the
research and development has taken place regarding the reasons for fluctuating Indian stock exchange.
But, now days there are two important factors such as gold prices and US Dollar Prices are more
dominating on Indian Stock Market and to find out the correlation between gold prices, dollar prices and
BSE index statistical correlation is used and this helps the activities of stock operators, brokers, investors
and jobbers. They are based on the forecasting the fluctuation of index share prices, gold prices, dollar
prices and transactions of customers. Hence researcher has considered these problems as a topic for
research.
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